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Wyckoffdistribution

Wyckoff Distribution Pattern on BITCOIN?!So this is just following a very basic Wyckoff schematic to BTC current price action. usually we see these break down, with I believe a great short entry if we get a 1/4hr close back inside the range with a TP at the bottom then take another if we fall out. Play these with caution and remove bias as we may just put in a spring and this would actually be an accumulation pattern. But so far looking like a text book distribution looking very similar to a lot of the formations we've been seeing on smaller timeframes for BTC for months now!! Definitely something you want to familiarise yourself with, can be an extraordinarily profitable tool to have in your arsenal upon early identification of these ranges! Obviously I have no idea how price will continue from here it could go on for even longer, it could just capitulate and fall immediately so my line don't take as gods word please hahahaha! Just giving an example of how it could play.
BITSTAMP:BTCUSD
by LtdLuke
2
BTC Wyckoff Distribution RoadmapNEXT STAGES: 1. Sign of Weakness @ 11100, range low support 2. Upthrust After Distribution @ 11900, H&S distribution resistance. Also parallel ascending channel TL resistance 3. Distribution, LPS, and Major Sign of Weakness at key S/R of 10750 Textbook Wyckoff Distribution so far. Check out this link to a schematic: www.google.com Chart would form a broadening wedge as it evolves and the HTF RSI bearish divergence on the 12H/D would get to play out in time.
BITSTAMP:BTCUSDShort
by Riester
BTC: A Strong Case for Wyckoff Distribution - 2020This is literally textbook Wyckoff Distribution. I urge you to make your own decisions and google "Wyckoff Distribution Schematic #1." Compare what I've charted to the classic schematic. They are nearly identical. In other words: we are headed down. Significantly and severely down. Good luck! See you for The Great Bull Run in 2021-23. And beware: "...a UTAD may induce smaller traders in short positions to cover and surrender their shares to the larger interests who have engineered this move. Aggressive traders may wish to initiate short positions after an UT or UTAD. The risk/reward ratio is often quite favorable. However, the "smart money" repeatedly stops out traders who initiate such short positions with one UT after another, so it is often safer to wait until Phase D and an LPSY."
COINBASE:BTCUSDShort
by waterslide
8
EURUSD Accumulation According to Wyckoff Theory - In Phase CI've been studying Wyckoff's Smart Money Theory for a while. And after staring at the EURUSD chart it almost looks picture perfect to a Wyckoff accumulation chart. If there are any other Wyckoff students out there, please let me know what you think. I just made a play on the operator candle (The long play box is in the chart) )as this should go long right now according to his theory and just now having the second "Spring" on the chart. Would like to see if anyone else has a Wyckoff chart draw up for EURUSD? We've hit the Buyers climax, had the Automatic Reaction, the Up Thrust, two tests on the support line. Then the Up Thrust After Distribution (That's the signal that you're in phase C), then the Springs. Now we just need the jump across the creek. What does anyone else thinl? Thanks
Long
by BodiesXWix
Bitcoin: Wyckoff Distribution Theory Explained 1H (Aug. 14)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Bitcoin's hourly chart through the Wyckoff Distribution Theory. Readers can refer to our previous Wyckoffian cycle theory below: Analysis - Wyckoff’s theory is guided by the fact that every change in the market is made up of waves of buying and selling that will go on as long as they can attract a following. Essentially, it's about understanding supply and demand at overbought and oversold regions for a breakout or a break down. - Distribution is the process of distributing (selling) an asset at the desired (best) price over a time period. - This is the direct opposite of accumulation where the market participants are looking to secure an asset at the lowest possible cost. - Typically we see periods of distribution after uptrends. - Distribution happens when an equilibrium has been reached in price after an uptrend, where price stalls and begins to form a range. - After an uptrend we’d look for signs of distribution or reaccumulation. Terminology - PSY (preliminary supply): This is where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. - BC (buying climax): This is the point during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by the public being filled by professional interests at prices near a top. A BC often coincides with a great earnings report or other good news, since the large operators require huge demand from the public to sell their shares without depressing the stock price. - AR (automatic reaction): With intense buying substantially diminished after the BC and heavy supply continuing, an AR takes place. The low of this selloff helps define the lower boundary of the distribution TR. - ST (secondary test): The point in which price revisits the area of the BC to test the demand/supply balance at these price levels. For a top to be confirmed, supply must outweigh demand; volume and spread should thus decrease as price approaches the resistance area of the BC. An ST may take the form of an upthrust (UT), in which price moves above the resistance represented by the BC and possibly other STs before quickly reversing to close below resistance. After a UT, price often tests the lower boundary of the TR. - SOW (sign of weakness): A point observable as a down-move to (or slightly past) the lower boundary of the TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a change of character in the price action of Bitcoin; supply is now dominant. - LPSY (last point of supply): After testing support on a SOW, a feeble rally on narrow spread shows that the market is having considerable difficulty advancing. This inability to rally may be due to weak demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of large operators’ distribution before markdown begins in earnest. - UTAD (upthrust after distribution): A UTAD is the distributional counterpart to the spring and terminal shakeout in the accumulation TR. It occurs in the latter stages of the TR and provides a definitive test of new demand after a breakout above TR resistance. Market Sentiment: Long short ratios remain dominantly bullish at 69 to 31. The Crypto Fear and Greed Index is at 75, Greed. What We Believe Based on the Wyckoffian Distribution Schematic and the confirmation provided by the trading volume, we believe that a retest of 10.5k is highly likely to take place, especially given that Bitcoin has broken down from its rising wedge structure. Let us know what you think in the comment section below Trade Safe.
BITSTAMP:BTCUSDShort
by XForceGlobal
14
NAS100 - TOP ALERT - Bearish Scenario / 50% GAINS !!!-NEW author on TradingView -2+ years experience in markets -Professional chart break downs -Supply/Demand Zones -Key S/R levels -No junk on my charts -Frequent updates -Covering crypto/US stocks NAS 100 1h: BEST level to SHORT 50% gains (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: NAS 100 1h chart review / outlook ::: bounce imminent right now ::: likely setting up for a bigger move downwards to complete the expanding triangle ::: however short-term I recommend to focus ::: on selling HIGH from confirmed resistance ::: Bearisch Scenario plays out if there is now follow through till US Elections in November ::: key resistance: 10900-11000 USD ::: key support level: 9800 USD ::: recommended strategy: SHORT IT 10900 USD ::: SL 11100 USD TP 9800 USD ::: good luck traders
FX:NAS100Short
by plukits
FKLI - possible mark down after distribution phase?Hi, It seems like FKLI had a possible Wyckoff distribution phase below the horizontal line A, which was a major resistant line from end of 2019. Price had been in a trading range between the high at point 1 (possible buying climax) and the low at point 2 (possible Automatic reaction according to Wyckoff distribution schematic). Point 3 could be an upthrust and we saw price dropped in strong move down to point 4. This move from point 3 to 4 could be the Sign of Weakness according to Wyckoff schematic. Then from point 4 price rallied slowly to the current price , which could form the "Last Point Of Supply", before price mark down further. Looking at the volumes, the volume was increasing during the downmove from point 3 to 4, and the recent rally from point 4 is associated with decreasing volume. This is just my observation based on my current understanding of Wyckoff method, and honestly I'm still very new at this. Please do not take this as a signal, and any comments/feedbacks are much welcomed.
MYX:FKLI1!Short
by Forever_Learner
USD CHF - to the earths coreHello analysts and traders - Let's take a look for a long term sell USD CHF - please note, our positions and entries will change with accordance for the market conditions. COT Data: Averages Long Short Total %Long %Short Avg_13 12,661 7,169 19,830 64% 36% Avg_20 13,054 8,583 21,637 62% 38% Avg_130 13,200 16,542 29,740 49% 51% Now let us see the Net position changes - see how strong the Swiss Franc has become. Date Long Short Net Change in positions 14/07/2020 16,526 9,469 25,995 64% 36% 7,057 3,279 07/07/2020 12,832 9,054 21,886 59% 41% 3,778 -560 30/06/2020 12,796 8,458 21,254 60% 40% 4,338 2,890 23/06/2020 11,739 10,291 22,030 53% 47% 1,448 -158 16/06/2020 9,150 7,544 16,694 55% 45% 1,606 -160 09/06/2020 10,463 8,697 19,160 55% 45% 1,766 -7,223 it is clear longs have been added. Expectations based on the consolidation: Technicals: 20month + consolidation of the pair ranging from 1.00 to 0.93 - now the price has broken the distribution Weekly demand zone - however, the demand has previous touches this is the so the chances of a breakthrough from the strong safehaven of the CHF is a likelihood. Looking at the VIX - we can see this increasing by a large amount first targets are 40.00 DXY the dollar is weakening to a 95.2 lows - however the buying of this at the lows will produce huge rewards - the lows of 82 are to be tested. Looking at Russell and SPY has the gap to fill to $340.00 per share , is this sustainable growth which is being propped up - with earnings quarter now in play, we will see those numbers finally provide profit targets either severely missed or the few will beat earnings . Nasdaq monthly close will be a bearish hammer unless bulls keep the 10,600 supply intact. Fundamentals: US election rallies before taking place at the end of the year with campaigning - We have NFP numbers showing millions return to work.. but also high unemployment still looming. Trade war with China, Hong Kong unfolding with US responding High figures in multiple states which are concerns for large communities- record numbers still being released Fiscal intervention in July, August for stimulus.. constant printing money is not good for the economy. US tech stocks have seen the highest returns and zero confirmation by Dow30 and S&P following suit. - will this last? no.. billionaires just adding wealth, SME businesses not receiving the correct funding at all.. Dow 30 is in a fragile state and desperate to keep pushing higher but limited upside will cause a steep decline - refer to Dow chart.. around 27,000 is a good point for a previous monthly high but it may fall over at 28000 tops. Crippling 1trillion money printing exercise to be released to prop up false growth. enter sovereign debt crsis - printing all this money is just beyond words. With having a weak dollar and inflation created - the dollar will be out of favour. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Thanks, Team Lupa
Short
by LupaCapital